Communication 120631

Transmitting a resolution approving the fifth amendment of the redevelopment proposal for the American Street Industrial Corridor Urban Renewal Area, being the area generally bounded by Lehigh avenue, Berks street and Montgomery avenue on the north, by Second street and Philip street on the east, by Girard avenue, Oxford street and Jefferson street on the south and by Germantown avenue, Sixth street and Third street on the west, including the fifth amendment to the urban renewal plan and the third amendment to the relocation plan, which provides, inter alia, for the additional land acquisition of approximately forty-nine (49) properties for residential, institutional, industrial and related uses; the provision of certain relocation services, as required by law and declaring that condemnation is not imminent with respect to the Project.